Portland, OR -- (SBWire) -- 06/13/2017 --Smart Polymers, Also Known As Stimuli Responsive Materials Or Intelligent Materials, Are High Performance Polymers That Respond To The Stimuli Or Changes In The Environment. They Are Sensitive To Numerous Factors Such As Temperature, Uv Radiation, Magnetic Or Electric Field, Humidity, Ph, Intensity Of Light, And Others. These Polymers Are Adaptive To The Changes In Surroundings, And Possess The Ability To Regain Their Original Properties. The Nonlinear Response Of Smart Polymers Makes Them Unique And Effective As Compared To Other Polymers. They Are Used In A Wide Variety Of Routine Products As Well As Specialized Applications.

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The Global Smart Polymers Market Is Segmented On The Basis Of Type, Application, And Geography. Based On The Type Of Smart Polymer, The Market Is Categorized Into Physical Stimuli Responsive, Chemical Stimuli Responsive, And Biological Stimuli Responsive. The Application Areas Of The Industry Are Broadly Classified Into Biomedical & Biotechnology (Drug Delivery, Tissue Engineering, Bioseparation, And Biocatalyst), Textile, Electrical & Electronics, Automotive, Nuclear Energy, And Others. The Market Is Analyzed Based On Region Into North America, Europe, Asia-Pacific, And Lamea.

The Key Players Profiled In The Report Are Basf Se, Covestro Ag, Sabic, Nippon Shokubai, Fmc Corporation, Autonomic Materials, Advanced Polymer Materials Inc., Lubrizol Corporation, Akzonobel, And Nexgenia Corporation.

Product Launch Is The Key Strategy Adopted By Market Players. In January 2016, Lubrizol Corporation Launched A New Series Of Thermoplastic Polyurethane (Tpu) Products, Estane Smart Tpu, For Use In Smart Wearable Devices. These Products Are Specially Designed To Cater To The Demand For Rapidly Growing Wearable Devices, Especially Soft-Touch Bands In Smartwatches And Fitness Tracker Gadgets.

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SMART MATERIAL MARKET KEY SEGMENT

The Smart Polymers Market Is Segmented As Below:

By Type

-Physical Stimuli Responsive
-Chemical Stimuli Responsive
-Biological Stimuli Responsive
-Others Stimuli Responsive

By Application

-Biomedical & Biotechnology
-Drug Delivery
-Tissue Engineering
-Bioseparation
-Biocatalyst
-Textile
-Electrical & Electronics
-Automotive
-Nuclear Energy
-Others

By Geography

North America
-U.S.
-Canada
-Mexico
Europe
-Uk
-Germany
-France
-Spain
-Italy
-Rest Of Europe

Asia Pacific
-China
-Japan
-India
-Korea
-Australia
-Rest Of Asia-Pacific

LAMEA
-Brazil
-South Africa
-Kingdom Of Saudi Arabia
-Rest Of Lamea